Tata group chairman emeritus Ratan Tata, a serial start-up investor, said on September 20 that he will support startups that have founders who have passion to build sustainable company rather than scaling it up just to sell it. Tata has been investing in startups in India and abroad. Some of thes…
Tag: SME News
Jaitley asks biz to avoid last-minute rush for tax filing
With 75 per cent of businesses waiting till the last day to file August GST returns, Finance Minister Arun Jaitley on September 20 asked them to avoid last-minute rush for tax filing. He said the GST Network (GSTN) has the capacity to handle 1 lakh returns per hour, which translates to 24 lakh re…
Vice President urges state govts to formulate individual procurement policies to uplift SC/ST MSMEs
Economic disparity can be overcome with “integrated multidimensional development agenda”, says Venkaiah Naidu
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India may see further 30-40% reduction of jobs in manufacturing sector: Survey
Prime Minister Narendra Modi has a jobs problem. He swept to power three years ago promising India’s poor and middle classes he’d restore their “dignity” after years of swelling inequality, with job creation central to his pitch. But now, the jobs market has been slugged by last Novembe…
Niti Aayog receives 5k applications under Mentor India campaign
Government think-tank Niti Aayog has received strong response to its Mentor India campaign, under which the body has received over 5,000 applications. There is “fantastic response” with over 5,000 applications for the Mentor India campaign, said Ramanathan Ramanan, Mission Director, Atal Innovati…
GoDaddy launches hosting platform ‘Business Hosting’ for Indian SmallBiz
New Delhi: Expanding its services in the country, US-based web hosting company GoDaddy on September 20 launched its easy-to-manage hosting platform “Business Hosting” for small businesses. The Business Hosting platform is optimised for high-traffic websites, e-commerce…
Giriraj Singh presented with PMEGP evaluation: Scheme providing ‘sustainable employment’ over years
Average employment per project was 7.62 and avg cost of generating unit employment was Rs 96,209 Max cost of generating unit employment was Rs 2,75,621 in Nagaland, while minimum cost was Rs 64,735 in TN
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Competition amongst states vital to ease doing of business for MSMEs & drive economic growth: Amitabh Kant
Government led ease of doing business and MSME registration in various sectors has pushed economic growth of states, says Niti Aayog CEO
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PM moots, CBEC conceptualises: Easier compliance on way to bring more SMEs under GST umbrella
New compliance mechanism being worked out by Central Board of Excise and Customs to ease GST norms for small businesses with annual turnover under Rs 20 lakh
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SME board doing well, but needs sustained growth: BSE chief
There are an estimated 50 million plus enterprises… “given India’s size, we need many more companies to list”
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